The Federal Reserve will keep buying bonds at a pace of $85 billion a month and said that risks to the economy have decreased.
This is a market of relationships. The more we understand those relationships, the better we are prepared for the unknown.
The pound’s rally to a four-month high against the dollar is proving too much for currency traders unsure whether Mark Carney will step up stimulus efforts when he takes over as Bank of England governor next month.
CFTC orders ABN AMRO Clearing Chicago LLC to pay $1 million to settle charges of segregated and secured fund deficiencies, a minimum net capital violation, books and records violation, and supervision failures.